Georgia’s average monthly nominal earnings up 4.4 percent in Q1

Georgia’s average monthly nominal earnings up 4.4 percent in Q1

access_time2021-06-16 13:00:09

In the I quarter of the 2021, the average monthly nominal earnings in Georgia increased by 4.4 percent (GEL 53.5) compared to the same quarter of the previous year and amounted to GEL 1 256.2. The chart below presents the distribution of the average monthly earnings of employees in 2014- 2021, by quarters.

According to the economic activity the highest monthly earnings were observed in the following fields:  Financial and insurance activities – GEL 2 448.5 (decreased by 5.7 percent compared to the corresponding period of the previous year)  Information and communication – GEL 2 159.8 (increased by 14.4 percent) ; Professional, scientific and technical activities – GEL 1 798.9 (increased by 0.2 percent); Construction – GEL 1 664.5 (decreased – by 2.3 percent)

In the I quarter of 2021 the average earnings equaled to GEL 1 022.9 for women, while GEL 1 473.4 for men. The annual growth of earnings amounted to GEL 62.5 for women and GEL 49.5 for men. In the majority of sectors of economy the average monthly earnings of men were higher compared to women. The chart below presents the distribution of the average monthly earnings of employees by sex in 2014-2021, by quarters.

In the I quarter of 2021 the average monthly earnings of hired employees in business sector increased by GEL  56.5 and equaled to GEL 1 283.5. According to the economic activity the highest monthly earnings were observed in the Arts, entertainment and recreation (GEL 2 319.4, increased by 30.5 percent compared to the corresponding period of the previous year) and Information and communication activities (GEL 2 204.0, increased by 14.7 percent). The chart below presents the distribution of the average monthly earnings of employees in business sector in 2014-2021, by quarters.


In the I quarter of 2021 compared to the same quarter of the previous year, the average monthly earnings of hired employees in non-business and financial sector increased by 52.2 Gel and amounted to 1 213.3 Gel. According to the economic activity the highest monthly earnings were observed in the Financial and insurance activities. The chart below presents the distribution of the average monthly earnings of employees in non-business and financial Sector in 2014-2021, by quarters.


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